Willis News – Page 2
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News
‘I was letting the hoodies into the building’ – ex-Lloyd’s chief executive
The former Lloyd’s boss recalled the birth of Lloyd’s Lab and how she tried to break down barriers with dress code
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Insurtech has a ‘real role’ to play in seeing things from a customer perspective – Inga Beale
Many insurtechs were founded on the basis of the founders experiencing a personal frustration with insurance and this is why they are key in this
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Inaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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UK car insurance premiums soar by 19% in 2022
Insurers should be doing more to help consumers during difficult times, says chief executive
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Renewable energy risk managers face choppy waters in 2023 – WTW
Taking several ‘important steps’ will ‘help’ and ‘protect’ firms in this market, says executive director of the Climate Markets and Investment Association.
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WTW launches parametric coral reef insurance policy
The policy will be used to fund rapid coral reef repair and restoration following storms
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Q3 2022 most expensive quarter for motor premiums – Confused.com
The increase in premium prices is a result of insurers battling a ‘bitter cocktail of rising cost pressures’
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Majority of insurance sector employees say they have ‘too much to do’ at work
Heavy workloads, deadlines, meetings and emails were all reported as factors that make insurance sector employees feel burnout
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Miller Insurance launches new bloodstock and livestock team
Four former WTW employees have joined the broker to form the team, with eyes set on ‘growing the business’
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Inflation rate for motor claims settled in 2021 reached 6.2% – WTW
Average claims settlement times in Q1 2021 were two months longer compared to the same period in 2019, says the broker
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WTW suffers $138m financial hit on Russian business exit
The broker saw a 3% dip in its revenue compared to the same period last year as a result
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D&O’s top two risks are cyber attack and data loss – WTW and Clyde and Co
Concerns over regulatory risk have moved up the ranks to third place, according to the broker and law firm’s latest survey
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Howden snaps up Willis Towers Watson chief executive to head France
With this appointment, Howden is aiming to be ’one of the top brokers in France with an extensive territorial presence and strong specialties’
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WTW hires ex-Lloyd’s chief digital officer to lead commercial lines strategy
The new hire has a background in banking and has served on various fintech boards
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Car insurance costs increase for first time since autumn 2020
Pricing trend data could help insurers navigate the motor market post-FCA pricing reform, said price comparison site chief executive
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‘Stability’ in the immediate aftermath of FCA’s pricing reform ‘is likely to be short-lived’ – WTW
Broker’s head of UK personal lines pricing believes pricing ‘turbulence’ is set to ‘manifest over the next three months’
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UK motor claims inflation soars amid costly cyclist accidents
Claims expert warns insurers that they face a challenging period ahead
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Gallagher completes WTW treaty reinsurance operations buy
New Gallagher Re boss says the combined businesses mark ‘a new chapter’
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CMA halts investigation into Gallagher’s purchase of WTW’s treaty reinsurance broking business
Competition authority gives the planned acquisition the go ahead
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WTW appoints new global head of broking from Aon
The hire previously worked at WTW in 2004 before spending the majority of his career at Aon
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